
First Business Financial Services, Inc.
FBIZFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
1.92%
Annual Dividend
$1.36
Payout Ratio
19%
5-Yr Growth
11.9%
Ex-Date
Aug 12, 2026
Frequency
Quarterly
Key facts about FBIZ's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, First Business Financial Services, Inc. (FBIZ) has a forward dividend yield of 1.92%, based on an annual dividend of $1.36 per share and a share price of $70.52.
- As of Oct 18, 2026, FBIZ's dividend safety grade from SmarterDividends is A (93 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, First Business Financial Services, Inc. (FBIZ) has raised its dividend for 13 consecutive years as of Oct 18, 2026.
- FBIZ has never cut its regular dividend in the payment history SmarterDividends has on record.
- FBIZ's most recent ex-dividend date was Aug 12, 2026, for a dividend of $0.34 per share.
- As of Oct 18, 2026, FBIZ pays out 19% of its trailing 12-month earnings as dividends (its payout ratio).
- FBIZ's dividend has grown at an average rate of 11.9% a year over the past five years.
- As of Oct 18, 2026, FBIZ's 1.92% yield is 24% below its five-year average yield of 2.52%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for FBIZ is $99.07 per share, 40% above the $70.52 share price, so FBIZ screens as undervalued.
- First Business Financial Services, Inc. (FBIZ) pays its dividend quarterly, 4 times a year.
- First Business Financial Services, Inc. (FBIZ) has raised its regular dividend 16 times and cut it 0 times across the 84 payments on record since 2005. Its most recent change was a 17.2% increase to $0.340 per share, going ex-dividend on Feb 13, 2026.
Cite this page
SmarterDividends, "FBIZ Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/FBIZ
Summary
As of Oct 18, 2026, First Business Financial Services, Inc. (FBIZ) yields 1.92% ($1.36 a year per share), has a dividend safety grade of A (93/100) and has 13 consecutive years of dividend increases on record.
Is FBIZ a good dividend stock?
YesFirst Business Financial Services, Inc. (FBIZ) pays a quarterly dividend yielding 1.92% ($1.36/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 13 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (19%)
- Strong 11.9% 5-yr dividend growth
- 146% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.92%
- Payout Ratio
- 19%
- Annual Dividend
- $1.36
- 5-Yr Avg Growth
- 11.9%
- Ex-Dividend Date
- Aug 12, 2026
- Years of Growth
- 13
- Frequency
- quarterly
- Beta
- 0.67
- Market Cap
- $590.1M
- P/E Ratio
- 10.8
- 5-Yr Total Return
- 146%
- 52-Week Range
- $47.87 – $73.74
- Dividend Safety
- A · 93/100
- Ever Cut?
- No
FBIZ dividend raises and cuts
First Business Financial Services, Inc. (FBIZ) has raised its regular dividend 16 times and cut it 0 times across the 84 payments on record since 2005. Its most recent change was a 17.2% increase to $0.340 per share, going ex-dividend on Feb 13, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 13, 2026 | Raise | $0.290 → $0.340 | +17.2% |
| Feb 14, 2025 | Raise | $0.250 → $0.290 | +16.0% |
| Feb 7, 2024 | Raise | $0.228 → $0.250 | +9.6% |
| Feb 3, 2023 | Raise | $0.198 → $0.228 | +15.2% |
| Feb 4, 2022 | Raise | $0.180 → $0.198 | +10.0% |
| Feb 5, 2021 | Raise | $0.165 → $0.180 | +9.1% |
| Jan 31, 2020 | Raise | $0.150 → $0.165 | +10.0% |
| Feb 1, 2019 | Raise | $0.140 → $0.150 | +7.1% |
| Feb 2, 2018 | Raise | $0.130 → $0.140 | +7.7% |
| Feb 8, 2017 | Raise | $0.120 → $0.130 | +8.3% |
| Feb 10, 2016 | Raise | $0.110 → $0.120 | +9.1% |
| Feb 11, 2015 | Raise | $0.105 → $0.110 | +4.8% |
Show all 16 changes since 2007
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 7, 2014 | Raise | $0.0700 → $0.105 | +50.0% |
| Mar 27, 2013 | Raise | $0.0350 → $0.0700 | +100.0% |
| Mar 28, 2008 | Raise | $0.0325 → $0.0350 | +7.7% |
| Mar 28, 2007 | Raise | $0.0300 → $0.0325 | +8.3% |
Frequently Asked Questions
Is FBIZ a good dividend stock?
Yes. First Business Financial Services, Inc. (FBIZ) pays a quarterly dividend yielding 1.92% ($1.36/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is FBIZ undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FBIZ's fair value is about $99.07 versus a $70.52 share price — so it looks undervalued (+40% vs. fair value).
Is FBIZ's dividend safe?
FBIZ has a dividend-safety grade of A (93/100), based on its payout coverage, free-cash-flow, 13-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is FBIZ's fair value?
Our blended fair-value estimate for FBIZ is about $99.07 per share, roughly 40% above the current $70.52 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is FBIZ a buy, hold, or sell?
We don't issue formal ratings, but on the data FBIZ screens as "yes" and undervalued. First Business Financial Services, Inc. (FBIZ) pays a quarterly dividend yielding 1.92% ($1.36/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will FBIZ cut its dividend?
FBIZ earns a dividend-safety grade of A (93/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does FBIZ pay a dividend?
Yes. First Business Financial Services, Inc. pays a quarterly dividend of about $1.36 per share annually, a forward yield of roughly 1.92%.
What is FBIZ's dividend yield?
As of Oct 18, 2026, FBIZ's forward dividend yield is 1.92%, based on a $1.36 annual dividend and a $70.52 share price.
What is FBIZ's dividend per share?
As of Oct 18, 2026, FBIZ pays $1.36 per share per year, distributed on a quarterly basis.
What is FBIZ's dividend payout ratio?
As of Oct 18, 2026, FBIZ's payout ratio is 19% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has FBIZ grown its dividend?
As of Oct 18, 2026, FBIZ has increased its dividend for 13 consecutive years.
When is the next FBIZ ex-dividend date?
As of Oct 18, 2026, FBIZ's next ex-dividend date hasn't been announced. The most recent was Aug 12, 2026, for $0.34 per share.
FBIZ Price — Last 12 Months
Daily close
Price Return
1 Year
+35%
3 Years
+102%
5 Years
+146%
52-Week Range
$47.87 – $73.74
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FBIZ worth?
Undervaluedlow confidenceOur blended fair-value estimate for First Business Financial Services, Inc. is $99.07 per share, versus a market price of $70.52. That implies 40% of upside — a margin of safety of about 29%.
Fair Value
$99.07
Current Price
$70.52
Upside
+40%
Margin of Safety
29%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $6.55 EPS, $1.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FBIZ Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full FBIZ dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 12, 2026 | Aug 26, 2026 | $0.3400 | regular |
| May 6, 2026 | May 20, 2026 | $0.3400 | regular |
| Feb 13, 2026 | Feb 28, 2026 | $0.3400 | regular |
| Nov 19, 2025 | Dec 3, 2025 | $0.2900 | regular |
| Aug 11, 2025 | Aug 25, 2025 | $0.2900 | regular |
| May 9, 2025 | May 23, 2025 | $0.2900 | regular |
| Feb 14, 2025 | Feb 28, 2025 | $0.2900 | regular |
| Nov 7, 2024 | Nov 20, 2024 | $0.2500 | regular |
| Aug 8, 2024 | Sep 16, 2024 | $0.2500 | regular |
| May 8, 2024 | May 22, 2024 | $0.2500 | regular |
| Feb 7, 2024 | Feb 21, 2024 | $0.2500 | regular |
| Nov 3, 2023 | Nov 16, 2023 | $0.2280 | regular |
| Aug 4, 2023 | Aug 17, 2023 | $0.2280 | regular |
| May 5, 2023 | May 18, 2023 | $0.2280 | regular |
Income Calculator
At $1.36 / yr per share
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